Category: FinTech News
Fascinated by the rapidly evolving world of financial technology? Our FinTech news category is your insider’s guide to the most cutting-edge innovations disrupting the finance industry. Get up-to-date coverage on the latest breakthroughs in digital banking, cryptocurrency, investing, and more.
FinTech News
FinTech News
Zurp Raises $5 Million for Creator Experience Rewards Credit Card
A FinTech looking to marry credit card rewards with the creator economy has just closed a fresh round of funding. This week, Zurp announced that it had raised $5 million to create a "credit card for experiences." New Form, MAGIC Fund, Launchpad VC, OVO Fund, Darling Ventures, and Animal Capital all participated in the pre-seed fund along with a number of strategic investors. Zurp is a startup looking to create...
FinTech News
Insurtech Startup Coverdash Announces Seed Round
So far 2023 has failed to bring much good news for big technology firms. However, the year has seen some intriguing early-round FinTech funding deals. The latest of these comes from a New York-based insurtech firm that focuses on business coverage. This week, Coverdash announced that it had closed its seed round of funding. While the amount raised was not disclosed in the press release, Bling Capital led the oversubscribed...
FinTech News
Business Banking Startup Mayfair Emerges from Stealth Mode
A FinTech that helps businesses earn a healthy return on their money is ready to raise its profile. As TechCrunch reports, Mayfair recently emerged from stealth mode and is offering businesses up to 4.02% APY on their parked cash. The startup has partnered with Evolve Bank & Trust — one of the top FinTech partner banks — as well as Stripe. To date, Mayfair has raised a total of $10...
FinTech News
JPMorgan Chase Suing Founder of FinTech Frank for Fraud
In September of 2021, JPMorgan Chase announced that it was acquiring the FinTech startup Frank — a company started in 2017 by then-24-year-old Charlie Javice — for $175 million. Now, more than 18 months later, Chase is suing Javice and has shut down the Frank site. As CNBC reports, the bank is accusing Javice of fraud, saying the founder manufactured a number of fake accounts. In fact, they estimate that...
FinTech News
Robinhood Retirement Now Available to All Eligible Customers
Just a few weeks after the investment app Robinhood opened a waitlist for its IRA product, today, the company announced that the feature is now available to all eligible customers. According to the FinTech, more than 1 million users who joined the waitlist had access to Robinhood Retirement prior to this latest update. Now, all customers can find the feature in the app. Robinhood Retirement was first confirmed during an...
FinTech News
"Smart Receipt" Startup e.pop Raises $1.6 Million
A FinTech that's looking to digitize consumer receipts has raised a fresh round of funds. This week, e.pop announced that it had closed a $1.6 million seed round. To date, the startup has now raised a total of $2 million. With the latest funds, e.pop plans to expand its team and grow its user base in key markets. At this time, users are able to join a waitlist for the...
FinTech News
